KARACHI:VIS Credit Rating Company Limited has assigned initial Fund Stability Rating of Faysal Islamic Cash Fund (FICF) at double A (f)). Launched in August 2020, FICF is an open end money market fund, managed by Faysal Asset Management. The fund’s objective is to seek maximum possible preservation of capital and a reasonable rate of return […]
Read MoreISLAMABAD: Ambassador of Indonesia to Pakistan, Adam M Tugio on Thursday said Pakistan and Association of South East Asian Nations (ASEAN) countries need to introduce new dimensions for enhancing bilateral trade and economic ties. Chairman ASEAN Islamabad Committee and Indonesian Ambassador to Pakistan Adam M. Tugio said this while talking to reporter, besides the round […]
Read MoreISLAMABAD:National Highway and Motorways Police (NH&MP) fined 1313 drivers and 307 vehicles were sent back from toll plazas on violations of traffic laws during special campaign. According to NH&MP, more than 3,843 road users were also briefed about the road safety. During the campaign, drivers were specially briefed regarding illegal number plates and unauthorized police […]
Read MoreISLAMABAD: Minister for Energy Hammad Azhar on Thursday said three important decisions had been taken in last three months to fix the gas sector’s issues. In a tweet, the minister said that ban had been imposed on new domestic schemes till weighted average cost of gas (WACOG) pricing. Third Party access to pipelines granted for […]
Read MoreISLAMABAD: Speaker National Assembly Asad Qaiser and Deputy Speaker Qasim Khan Suri on Thursday felicitated hindu parliamentarians and the hindu community on the occasion of Diwali. Expressing warm felicitations on to hindu community, the Speaker said that Pakistan is the abode of believers of different religions and civilizations. He said that festivals of all religious […]
Read MoreISLAMABAD: Anti-Narcotics Force of Pakistan seized 2225.556 Kg narcotics valuing US $ 151.396 million internationally and arrested 33 culprits including two women in 38 counter-narcotics strikes throughout the country. According to the press release, the force had also impounded 17 vehicles during the operation. The seized drugs comprised 64.095 kg Heroin, 1803.555 kg Hashish, 301.67 […]
Read MoreISLAMABAD: The Inter-Provincial National Throwball Men and Women Championship would kick off from Friday, at the Ayub Stadium, Quetta. According to Secretary, Pakistan Throwball Federation, Maqbool Arian the Championship would run till November 7. “A total of six men and as many women teams from all over the country will feature in the Championship. The […]
Read MoreISLAMABAD:Islamabad police have apprehended 93 outlaws including 45 accused of 13 dacoit gangs and recovered looted items worth Rs. 22.44 million. The investigation officers of Capital police were using modern technology and human resources to arrest the accused, following directions of Inspector General of Police (IGP) Islamabad Qazi Jamil-Ur Rehman, said a news release on […]
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